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15Sep/080

Total Chaos in the Stock Market

Posted on Sep 15th, 2008 @ 4:23 pm by CY
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There were lots of speculation as what will happen to Lehman Brothers on Monday. Not surprisingly, they just filed for Chapter 11 Bankruptcy Protection around 12:30 am on Monday. Meanwhile, Bank of America is buying Merrill Lynch for $44 billion at $29 a share.
I don’t understand why in the world would Bank of America would [...]

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